Magyar Bancorp Inc
For the period ended Mar 31, 2024. Filed May 13, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 13, 2024
MGYR$21.60-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unregistered Sales of Equity Securities and Use of Proceeds
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds |
| a.) | Not applicable. |
| b.) | Not applicable. |
| c.) | The Company repurchased 71,745 shares of its common stock during the six months ended March 31, 2024. Through March 31, 2024, the Company held 495,386 shares in treasury that were repurchased at a weighted average price of $11.14 pursuant to stock repurchase plans. On December 8, 2022, the Company announced a stock repurchase program of up to 5% of its outstanding shares of common stock, or 337,146 shares, 164,571 shares of which remained subject to repurchase under the plan at the six months ended March 31, 2024. |
The following table reports information regarding repurchases of our common stock during the six months ended March 31, 2024.
| Remaining Number | |||
|---|---|---|---|
| Total Number | Average | of Shares That | |
| of Shares | Price Paid | May be Purchased | |
| Period | Purchased | Per Share | Under the Plan |
| January 1, 2024 through January 31, 2024 | 1,019 | $11.29 | 216,065 |
| February 1, 2024 through February 29, 2024 | 24,871 | $11.72 | 191,194 |
| March 1, 2024 through March 31, 2024 | 26,623 | $11.44 | 164,571 |
| Total | 52,513 | $11.14 | |
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